Oro / Dollaro
Short
Aggiornato

DeGRAM | GOLD formed an ascending wedge

601
📊 Technical Analysis
● XAU/USD is capped below a descending resistance line near 4,340–4,350, where multiple intraday highs failed, forming a lower-high structure. The latest bounce lost momentum inside a rising corrective channel, signaling exhaustion.
● Price is rolling over from resistance and drifting back toward key support at 4,300–4,280. A breakdown below the rising support line would confirm short-term bearish continuation toward the lower support zone.

💡 Fundamental Analysis
● Gold faces pressure from firmer US yields and reduced safe-haven demand as markets reassess near-term rate expectations.

Summary
● Short bias below 4,340–4,350. Key supports: 4,300 and 4,280. Rejection from resistance keeps downside risk dominant.

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Trade attivo
istantanea
📊 Technical Analysis
● XAU/USD is trading below a descending resistance line after multiple failed attempts to reclaim the 4,340–4,350 area, confirming short-term bearish pressure within the rising channel. The latest rebound stalled exactly at dynamic resistance, followed by rejection candles.
● Price is forming lower highs while holding below former intraday support turned resistance near 4,327–4,330, opening room for a pullback toward the lower channel and horizontal support at 4,300–4,285.

💡 Fundamental Analysis
● Gold faces near-term pressure from a firmer USD and reduced safe-haven demand as markets price stable US yields and easing risk sentiment.

Summary
● Short-term bearish bias. Key resistance: 4,330–4,350. Downside targets: 4,300–4,285. Invalidation above descending resistance.

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